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Dec 4, 2012
12/12
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>> we know it will be worse than it would have been because of super storm sandy. so you didn't know how much it was to do with that and how much was the economy. so it will be a bit of a wash in terms of reading the tea leaves for the u.s. >> so the growth picture for the u.s., we sort of 1%, 2%, depending on what happens with the fiscal cliff. what do you think, 2.5%? >> yeah, i think we should be 2.5% to 3% by the end of next year. >> which might be a slightly better outturn. china seems to be back on track. is there anything in europe -- what's the tail risk at the moment? >> i think there's two things that could still go wrong in europe. one, there's always political risk. in italy, you do have elections coming up. there's a chance getting a higher share than people anticipate. but even then, the financial forces are going to force any government that comes into power to more or less stick to the plan morsi set out. on the other hand, there's always spain, the worries that with 25% unemployment, that you would see the default rate particularly on residential m
>> we know it will be worse than it would have been because of super storm sandy. so you didn't know how much it was to do with that and how much was the economy. so it will be a bit of a wash in terms of reading the tea leaves for the u.s. >> so the growth picture for the u.s., we sort of 1%, 2%, depending on what happens with the fiscal cliff. what do you think, 2.5%? >> yeah, i think we should be 2.5% to 3% by the end of next year. >> which might be a slightly better...
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Dec 7, 2012
12/12
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hurricane sandy, though, still making waves. analysts expect the super storm to dent unemployment figures out later today. we'll review that report when we come back. >>> here are the headlines. u.s. job growth is expected to have slowed significantly in november as hurricane sandy battered the economy. japanese authorities have lifted all tsunami warnings after a 7.3 magnitude quake struck off the northeastern coast. and bundesbank has sharply lowered germany's growth outlook from 1.6 to a mere 0.4%. it's warned of an imminent recession as problems in europe periphery weigh. futures at the moment forecasts a soft start. down 15 at the moment on the dow, nasdaq currently called down 3.8, and s&p 500 around 1.5 points. european stocks are flat really. forgave points for the ftse, xetra dax is up though at it highest level since 2008. up nearly 28% this year. flat on the cac, ibex down two thirds. but hurricane sandy is expected to have put a pretty big accident in the november u.s. jobs report. it's out at 8:30 eastern. nonfarm p
hurricane sandy, though, still making waves. analysts expect the super storm to dent unemployment figures out later today. we'll review that report when we come back. >>> here are the headlines. u.s. job growth is expected to have slowed significantly in november as hurricane sandy battered the economy. japanese authorities have lifted all tsunami warnings after a 7.3 magnitude quake struck off the northeastern coast. and bundesbank has sharply lowered germany's growth outlook from 1.6...
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Dec 3, 2012
12/12
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how much of this demand rise are we going to see will be sandy rebound from sandy and actually real demand? >> we have low interest rates and old cars on the road. so a lot of the demand is real demand. but the other thing is that all the checks haven't been written for sandy. we've had about two weeks of checks coming from insurance companies. but there will be more probably next month of that than there is this month. so it will help. but it's the general market conditions and cars that are on average 11.1 years of age that are really driving car sales. in this low interest rate environment, this is the other big ticket item. >> how are people going to fund their purchases? you have an 11-year-old car, how are they funding the replacement of it? >> well, the availability of credit has improved dramatically over the last eight months or so. and we're even seeing people with bumps in their credit history, subprime borrowers, getting more acceptances of their car loans. and of course there are a lot of incentivized interest rates from the manufacturer's financing arms out there, as well. th
how much of this demand rise are we going to see will be sandy rebound from sandy and actually real demand? >> we have low interest rates and old cars on the road. so a lot of the demand is real demand. but the other thing is that all the checks haven't been written for sandy. we've had about two weeks of checks coming from insurance companies. but there will be more probably next month of that than there is this month. so it will help. but it's the general market conditions and cars that...
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Dec 6, 2012
12/12
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as soon as you get done figuring out, how much is sandy, how much is not sandy, we have to start dealing with the fiscal cliff so there's a shock behind us and a shock in front of us. so we're in limbo right now. and we're expecting a big effect from sandy in the friday number, especially in maybe the household survey, they moved the survey week back a week. because of an early thanksgiving. they do that -- so instead of it being the week of the 12th, it's the week of the 5th. >> so this number is going to tell us nothing tomorrow? > know there's going to be a lot of discussion about it. i'll stick to my guns, it's a 125 to 150 economy growth some of that could be sandy. i don't donknow if you want to k about that chart. this looks at the net effect acceptable. if 30% say it's acceptable and 20% say -- these are what we asked people. how many is that? that's five of eight different solutions. >> people say, yes, we're okay dealing with the fiscal cliff, if you raise taxes on those who make more than $250,000 and then you cap deductions, and virtually everything else is off the table. >>
as soon as you get done figuring out, how much is sandy, how much is not sandy, we have to start dealing with the fiscal cliff so there's a shock behind us and a shock in front of us. so we're in limbo right now. and we're expecting a big effect from sandy in the friday number, especially in maybe the household survey, they moved the survey week back a week. because of an early thanksgiving. they do that -- so instead of it being the week of the 12th, it's the week of the 5th. >> so this...
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Dec 3, 2012
12/12
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sandy. post-sandy storm. buying in the new york, new jersey area. in fact when you talk with dealers in that area they say they saw sales gained throughout the month and that's good news for luxury automakers. bmw just reported sales increasing 38.8% for the year. they've sold almost a quarter million bmws here in the united states and as a company, when you lump in mini , they believe they'll excel past the record of 2007. let's look at the monthly sales rate or annual sales rate. right now we are on track to finish this year probably at about 14 1/2 million. that's going to fall shy of the 16 million in 2007 but above what we saw in 2008. it's certainly what we were expecting and we'll have even stronger numbers in december. >> it is a really good numbers from honda as well. phil lebeau, thank you for that. >>> twint che >>> i want to check back in with jackie deangelis. president taking questions via twitter. >> the first question was@paulmmckenzie. can you assure us that any fiscal cliff negotiations regarding entitlement reform will not hurt th
sandy. post-sandy storm. buying in the new york, new jersey area. in fact when you talk with dealers in that area they say they saw sales gained throughout the month and that's good news for luxury automakers. bmw just reported sales increasing 38.8% for the year. they've sold almost a quarter million bmws here in the united states and as a company, when you lump in mini , they believe they'll excel past the record of 2007. let's look at the monthly sales rate or annual sales rate. right now we...
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Dec 5, 2012
12/12
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you have fiscal cliff, you have hurricane sandy. are you optimistic about what's happening in the economy if you take out the potential shocks? >> i don't think we make any change at all. i think the job market is producing 150,000 jobs per month, that's what we've been producing since the beginning of the year, over the past year, past two years, some months we're a little lower, higher, sometimes seasonal adjustment. if you take this month's number and x out sandy, that's over 200,000. >> that will add some jobs, that's not a fair comparison. >> so 200,000 minus 60 is 150 -- >> so you're right there. >> i don't think the economy has chang chang changed deappreciably over the last year. >> well, i think coming into friday's number, we're a little -- we don't think there's 80,000 worth of impact, might be closer to 40,000 or 50,000. whatever, there's been an impact and i agree with mark's point, 1 in about 150,000 job creation in the economy and i don't know that meaningfully changes. but i would say, if anything, the bias next year
you have fiscal cliff, you have hurricane sandy. are you optimistic about what's happening in the economy if you take out the potential shocks? >> i don't think we make any change at all. i think the job market is producing 150,000 jobs per month, that's what we've been producing since the beginning of the year, over the past year, past two years, some months we're a little lower, higher, sometimes seasonal adjustment. if you take this month's number and x out sandy, that's over 200,000....
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Dec 3, 2012
12/12
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some of that is attribute knowledge to superstorm sandy. an estimated quarter million vex were destroyed. those numbers will be out this morning. it would only say that it is speaking to, quote, interested parties. but delta air lines is involved in those sdgzs. virgin is the second largest airline at heath row. >>> and lenny dykstra will be sentenced today. he was found to have hidden and stole sports memorabilia other items that were supposed to be part of a bankruptcy filing. >>> the game of political chicken, we were looking to rise above the partisan politics and trying to get something done. david walker, ceo of the america comeback initiative, steve mcmahon, co-founder of purple strategies, you guys have been on for a while and we've talked about a lot of things. steve, just 1:30 ag ago, you made a point talking about the bush tax cuts. and i said the tax cuts have been near and dear and you said at least bush was smart enough to know that we couldn't afford them so they were sunseted. >> so they were sunseted. >> that may happen. in
some of that is attribute knowledge to superstorm sandy. an estimated quarter million vex were destroyed. those numbers will be out this morning. it would only say that it is speaking to, quote, interested parties. but delta air lines is involved in those sdgzs. virgin is the second largest airline at heath row. >>> and lenny dykstra will be sentenced today. he was found to have hidden and stole sports memorabilia other items that were supposed to be part of a bankruptcy filing....
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Dec 6, 2012
12/12
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we got the big distortions from san sandy. slowly working through that. so i think if there's an outlier, investors will yawn and wait for the big nonfarm payroll report tomorrow. >> are we comfortable mf-i don't know how comfortable we are. consumers seem to be in better fettl eflt. >> in spite of this anemic job growth that we've had during the entire jobless recovery, it seems like consumers sense the -- their balance sheets have improved pretty dramatically. so, yeah, consumers -- and that's led to consumers spending slightly more than what experts thought they would spend. >> so you're overweight large cap versus small cap. why? >> the large cap u.s. multinationals, they typically have overseas subsidiaries that can reach into the emerging pockets of growth. i like the dividends payers, as well, because in these choppy markets which we'll continue to have get nice dividends. >> all right much ha. . have a good day. that's it for today's program. "squawk box" it is next. ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life exp
we got the big distortions from san sandy. slowly working through that. so i think if there's an outlier, investors will yawn and wait for the big nonfarm payroll report tomorrow. >> are we comfortable mf-i don't know how comfortable we are. consumers seem to be in better fettl eflt. >> in spite of this anemic job growth that we've had during the entire jobless recovery, it seems like consumers sense the -- their balance sheets have improved pretty dramatically. so, yeah, consumers...
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sandy. it looks like those are coming down again. the big jobs report will be tomorrow, which will give us the real gauge of what's happen iin here. they expect only 77,000 jobs added. and the unemployment rate, they think, will tick back up to 8%. 77,000. why? because of superstorm sandy. you didn't have hiring, people getting jobs in the northeast because during that time the last month or so. >> jack welch right now, they went up after the election. >> those chicago people. >>> all morning we've been following major developments in both syria, in egypt and syria there are new fears that they could unleash nerve gas on some of the rebels. that's a report from nbc news, that syria is loading the component chemicals. cnn has not confirmed that report yet. egypt, protoasters have started to gather outside the presidential palace in cairo. lots of anger building after the new president gave himself extra powers. the protests were very violent last night. the clashes killed at least five people
sandy. it looks like those are coming down again. the big jobs report will be tomorrow, which will give us the real gauge of what's happen iin here. they expect only 77,000 jobs added. and the unemployment rate, they think, will tick back up to 8%. 77,000. why? because of superstorm sandy. you didn't have hiring, people getting jobs in the northeast because during that time the last month or so. >> jack welch right now, they went up after the election. >> those chicago people....
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Dec 10, 2012
12/12
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scholar's is one of hundreds of new york schools damaged by superstorm sandy. gone are the plays in this auditorium. ♪ >> this is our grand piano, or was our grand piano. these were brand new curtains that we fought for years to get. they're still wet. >> reporter: the sea wolves marching band and the winning teams silent for now. the instruments and uniforms flooded in sewage. the gym now a construction zone. >> hey, guys, thank you for your hard work. >> reporter: this school's 1,100 students are being bussed to temporary schools like ps-13. >> we have students on the stage. they have the conference rooms, everything. we're using every single space in the room. we had little nooks. they're in nooks everywhere. >> reporter: honor student ryan panetta lost his home to sandy and his school. he told us what scholars' means to him. >> it was just fun to be there. like made kids actually like want to learn. >> reporter: fred is working to fix the school where his father worked and where he studied. he dreams his son will go there one day too. >> it's the best hig
scholar's is one of hundreds of new york schools damaged by superstorm sandy. gone are the plays in this auditorium. ♪ >> this is our grand piano, or was our grand piano. these were brand new curtains that we fought for years to get. they're still wet. >> reporter: the sea wolves marching band and the winning teams silent for now. the instruments and uniforms flooded in sewage. the gym now a construction zone. >> hey, guys, thank you for your hard work. >> reporter:...
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the republican governor was here in washington to talk about hurricane sandy relief efforts, and now they're in danger of going over the fiscal cliff with the rest of the country at the end of the month. our national political correspondent jim acosta has been covering this story for us. what's the latest with chris christie in washington. >> reporter: this is some of the unintended consequences of the fiscal cliff. after a series of meetings with the president and house speaker john boehner, new jersey governor chris christie had little to say as he left washington, but as other senators we spoke to see it, the jersey shore may be running head on into the fiscal cliff. he visited the president at the white house, then he met with senators from his own state before slipping in to meet the speaker of the house. >> going home, guys. see you later. >> reporter: but then chris christie, a potential presidential candidate who is rarely at a loss for words, departed the nation's capital in near total silence. as it turns out, the new jersey governor's quest for money to rebuild the battere
the republican governor was here in washington to talk about hurricane sandy relief efforts, and now they're in danger of going over the fiscal cliff with the rest of the country at the end of the month. our national political correspondent jim acosta has been covering this story for us. what's the latest with chris christie in washington. >> reporter: this is some of the unintended consequences of the fiscal cliff. after a series of meetings with the president and house speaker john...
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Dec 8, 2012
12/12
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sunset ♪ ♪ >> danny and sandy together again. teaming up for a new christmas album. and if this music video is any indication, let's just say, it will be one of a kind. and that is the week that was. >> what a week it's been. >>> well, the ceo of netflix is under investigation and it's all because he was bragging on his facebook page, apparently. we'll explain. e district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone is one of his biggest supporters. [ female announcer ] with cisco at the center... working together has never worked so well. maybe you want to incorporate a business. or protect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer qu
sunset ♪ ♪ >> danny and sandy together again. teaming up for a new christmas album. and if this music video is any indication, let's just say, it will be one of a kind. and that is the week that was. >> what a week it's been. >>> well, the ceo of netflix is under investigation and it's all because he was bragging on his facebook page, apparently. we'll explain. e district. the writer's desktop and the coordinator's phone are working on a joke with local color. the...
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Dec 7, 2012
12/12
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why is that not considered sandy related? >> it is weird because there are two different surveys when you look at these jobs numbers. one comes from the businesses. the businesses, they take that survey, november 12th, and the businesses are for the job creation number. the other survey is called a household survey. that's how we determine the unemployment rate. and part of that household survey is did you look for a job last week, yes, no, and why not? so a lot of people said weather related. when i was digging into the numbers, i said a normal november, weather related, about 60,000, here we had 300,000, that's one of the reasons we saw the unemployment rate go down. look, i want to feel good about the unemployment rate being low, but 7.7% happened because fewer people were part of the labor force. that's not the right reason that we wanted to see the jobless rate go down. >> absolutely. and i want to read you something that paul krugman wrote in the new york times earlier this week. he said, long-term unemployment remains
why is that not considered sandy related? >> it is weird because there are two different surveys when you look at these jobs numbers. one comes from the businesses. the businesses, they take that survey, november 12th, and the businesses are for the job creation number. the other survey is called a household survey. that's how we determine the unemployment rate. and part of that household survey is did you look for a job last week, yes, no, and why not? so a lot of people said weather...
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Dec 7, 2012
12/12
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we still need to see the full impact of sandy. also with the election over, there aren't any sort of bigger imt implications for the presidential race. because the numbers are so foggy, the federal reserve isn't likely to look at this number as a real trend maker. the central bank. it's already said it keeps stimulating the economy even after the labor market gets better. we know this isn't likely going to steer the central bank in one direction or another. you flip the coin over, though, you have this people who say this report is very important. it's going to be driving the conversation on the fiscal cliff. we only have 25 days until the tax hikes and spending cuts start to take effect. here is the thing. this number came in much better than expected, don. so the bad part about this is that it may not motivate all those politicians on capitol hill as much as it may have, if it came in much weak er. this may not light the fire, so to speak. that could be the downside to the upside surprise to the number. don? >> alison, stick aro
we still need to see the full impact of sandy. also with the election over, there aren't any sort of bigger imt implications for the presidential race. because the numbers are so foggy, the federal reserve isn't likely to look at this number as a real trend maker. the central bank. it's already said it keeps stimulating the economy even after the labor market gets better. we know this isn't likely going to steer the central bank in one direction or another. you flip the coin over, though, you...
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Dec 7, 2012
12/12
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we've had sandy, and we have all of this debate going on over the fiscal cliff, that's driving us all crazy, right? >> yes, it is. >> and what it's also doing is that it has gotten the corporate seblgtor in a position where they're not vin investing. they're waiting to see what's happening. nonetheless, we're still creating jobs. if you take into consideration the fact that we have those things, those neglect factors in at the same time regenerating jobs, and that means that there's a significant potential for the economy to grow. >> is it possible that this whole debate and the fiscal cliff, whether or not we go over it or not, would bakt how many people are working the next year? >> it will definitely impact, but i think what the numbers are telling us and what we've seen for the last couple of months is that the affect will not be as great as most people are predicting. you know, we kind of got this y2k kifr syndrome that's going on. it will certainly have an affect, but it also means that we can -- we're in a position to really craft a real comprehensive way to -- >> are these goo
we've had sandy, and we have all of this debate going on over the fiscal cliff, that's driving us all crazy, right? >> yes, it is. >> and what it's also doing is that it has gotten the corporate seblgtor in a position where they're not vin investing. they're waiting to see what's happening. nonetheless, we're still creating jobs. if you take into consideration the fact that we have those things, those neglect factors in at the same time regenerating jobs, and that means that there's...
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Dec 8, 2012
12/12
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. >>> president obama asking congress for billions in relief after super storm sandy but is it enough to cover all the damage? we'll tell you how much he's asking for. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. [ coughs ] [ baby crying ] ♪ [ male announcer ] robitussin® liquid formula soothes your throat on contact and the active ingredient relieves your cough. robitussin®. don't suffer the coughequences™. and the active ingredient relieves your cough. wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get hap
. >>> president obama asking congress for billions in relief after super storm sandy but is it enough to cover all the damage? we'll tell you how much he's asking for. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows....
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Dec 8, 2012
12/12
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. >>> president obama asking congress for billions in relief after superstorm sandy. but is it enough to coverage all the damage? we'll tell you how much he's asking for ahead. we're at walmart talking about the low price guarantee with brandy who is stocking up for the holidays. look at that price. that's great! if you find a lower advertised price, walmart will match it at the register. really? yeah. there you have it. oh my goodness! that's the walmart low price guarantee. see for yourself. bring in your last receipt and see how much you can save. be ready. with the season's tastiest brands. like farm rich mozzarella bites. bite-sized and loaded with mozzarella cheese. walmart has everything you need to be ready for holiday hosting. with our low price guarantee backed by ad match. walmart. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fas
. >>> president obama asking congress for billions in relief after superstorm sandy. but is it enough to coverage all the damage? we'll tell you how much he's asking for ahead. we're at walmart talking about the low price guarantee with brandy who is stocking up for the holidays. look at that price. that's great! if you find a lower advertised price, walmart will match it at the register. really? yeah. there you have it. oh my goodness! that's the walmart low price guarantee. see for...
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Dec 8, 2012
12/12
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. >>> president obama asking congress for billions in relief after superstorm sandy. but is it enough to coverage all the damage? we'll tell you how much he's asking for ahead. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. this season, discover aleve. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ish
. >>> president obama asking congress for billions in relief after superstorm sandy. but is it enough to coverage all the damage? we'll tell you how much he's asking for ahead. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. this season, discover aleve. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table...
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Dec 7, 2012
12/12
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you didn't see a real pullback because of sandy in the numbers. maybe that will come in next month. look at the unemployment rate on the right there. 14.4%. the real unemployment. people that are working part time, want to be working full time, people out of work. >> by the way, that unemployment number, real unemployment number, is the same one we have low unemployment, too. when we low unemployment, it is actually high when you get the real numbers. >> these are the sectors we are flipping through. 43,000 jobs created. anyone trying to get your kid in college, government pointed out computer systems analysts and related fields very strong demand. that fits in that professional business services. good pay in that field. let's talk about the breakdown of race. african-american unemployment went down a little bit. 13.2%. >> still way too high. >> notice the disparities between the worker groups are still a problem. structural problems there. but the african-american unemployment rate went down and that's the trend. we have two years and change now of -- month after month of solid job
you didn't see a real pullback because of sandy in the numbers. maybe that will come in next month. look at the unemployment rate on the right there. 14.4%. the real unemployment. people that are working part time, want to be working full time, people out of work. >> by the way, that unemployment number, real unemployment number, is the same one we have low unemployment, too. when we low unemployment, it is actually high when you get the real numbers. >> these are the sectors we are...
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Dec 5, 2012
12/12
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so for example, in the case of sandy, which was not an especially big hurricane, the economic impact was $30 billion and that's in the developed world where we have the resources to deal with it. when you have people displaced on a continental scale, we're not talking about a few people trying to get through a fence at a border between countries. we're talking about tens of millions of people trying to move north, trying to move out of southeast asia. you're going to have trouble. so the sooner we get started on that problem, the better. >> these predictions are based on climate models -- >> i appreciate your yelling. that's good. >> mark, do you accept that the ocean levels are rising, that the planet is getting hotter, that co2 emissions have dramatically increased in the last 50 years, and ice sheets are shrinking and the planet population is doubling and accelerating at a terrifying rate, and that the combination of all these things is likely to be a major problem for the next two or three generations, and therefore, doing nothing shouldn't really be a sensible responsible option
so for example, in the case of sandy, which was not an especially big hurricane, the economic impact was $30 billion and that's in the developed world where we have the resources to deal with it. when you have people displaced on a continental scale, we're not talking about a few people trying to get through a fence at a border between countries. we're talking about tens of millions of people trying to move north, trying to move out of southeast asia. you're going to have trouble. so the sooner...
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Dec 8, 2012
12/12
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. >>> president obama is asking congress for more than $60 million for superstorm sandy relief efforts. that amount falls short of the total damage estimates reported in the affected states. >>> and arizona lottery officials say the second winner from last month's record powerball drawing is now claiming the prize but does not want to be identified. they only say he is in his 30s, lives outside phoenix and walks away with nearly $193 million before taxes. >>> coming up, how can you smell like pizza without going through all the trouble of eating it? the "ridiculist" is next. >>> time for the "ridiculist." tonight a brand new product. it's a dream come true. it's a dream come true if you are canadian and dream about walking around and smelling like a pizza hut. yes, pizza hut canada have come up with a limited edition run of pizza hut perfume. mm. the bad news is they only made 110 bottles and gave them away to facebook fans. so you can't just run out and buy it. oh, pizza hut, canada, why must you tease us so. they aren't ruling out a larger run on pizza hut perfume in the future, but
. >>> president obama is asking congress for more than $60 million for superstorm sandy relief efforts. that amount falls short of the total damage estimates reported in the affected states. >>> and arizona lottery officials say the second winner from last month's record powerball drawing is now claiming the prize but does not want to be identified. they only say he is in his 30s, lives outside phoenix and walks away with nearly $193 million before taxes. >>> coming...
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this to look forward to. ♪ i got a little plan to you ♪ let's do a little dance we do ♪ >> danny and sandy together again, teaming up for a new christmas album, a firsthand this music video is any indication, let's just say it will be one of a kind. and that's the week that was. >>> when traveling to other cities and countries, the best way to get a real taste of the place is, of course, through the local food. cnn's i-report has now teamed up with "travel & leisure" magazine to create a global list of 100 places to eat like a local. >> reporter: i'm dan rivers in bangkok, and when i want to eat local on a rainy afternoon, there's nothing better than wong lee. they do amazing seafood here. fancy eating that. and rice, what else would you suggest? do you have any prawns? my favorite dish is the crispy pork. how do you get the pork so crispy? >> leave it one hour and then we clean with water and then make it dry first and then fry in many oil. this soup here very famous. >> yeah, lemon grass and mushroom and lemon. >> mm-hmm. >> and a little bit of milk. >> and it's quite spicy as well. >> s
this to look forward to. ♪ i got a little plan to you ♪ let's do a little dance we do ♪ >> danny and sandy together again, teaming up for a new christmas album, a firsthand this music video is any indication, let's just say it will be one of a kind. and that's the week that was. >>> when traveling to other cities and countries, the best way to get a real taste of the place is, of course, through the local food. cnn's i-report has now teamed up with "travel &...
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president obama asked congress for $60 billion for states affected by superstorm sandy. the request comes at a time when lawmakers are arguing how every dollar is spent. >>> our fourth story "outfront," an historic announcement. the supreme court decided today it will hear two constitutional challenges to same-sex marriage laws. if the court were to follow public opinion, the decision could come down in favor of gay and lesbian couples. recent polling shows 53% of americans think same-sex marriage should be legal. 46% say illegal. and on election day, voters in three states approved same-sex marriage. "outfront," mckay coppins, tim carney and maria cardona, cnn contributor and democratic strategist. this is kind of big news in all of this. tim, you saw the polls. now the supreme court will get involved in this. should this signal something to the republican party? should they say it's reached this level, we need to rethink our position on this? >> polls are one thing. there's also the fact most states don't have gay marriage yet and most of those that do, it was not put
president obama asked congress for $60 billion for states affected by superstorm sandy. the request comes at a time when lawmakers are arguing how every dollar is spent. >>> our fourth story "outfront," an historic announcement. the supreme court decided today it will hear two constitutional challenges to same-sex marriage laws. if the court were to follow public opinion, the decision could come down in favor of gay and lesbian couples. recent polling shows 53% of americans...
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you know, governor christie estimates that sandy caused upwards of $20 billion of damages. >>> and the atlanta journal-constitution with more information about dozens of children and adults that were sickened by carbon monoxide poisoning at the local school there. at least 49 people were sent to the hospital yesterday. take a look at this. fire officials believe the heating system failed there. finch elementary had no carbon monoxide detectors, either. which, i guess, they're not required in georgia. and many parents complained they were left in the lurch because of poor communication. soledad o'brien will talk to a student, a parent and also a school official. so we'll get lots of sides there. >> also coming up, amazement and dismay. that's how fedex's ceo is describing the fiscal cliff crisis. i sat down with fred smith. hear what he has to say about he and other ceos are responding. [ nyquil bottle ] hey tylenol, you know we're kinda like twins. [ tylenol bottle ] we are? yeah we both relieve coughs, sneezing, aches, fevers. and i relieve nasal congestion. overachiever. [ female ann
you know, governor christie estimates that sandy caused upwards of $20 billion of damages. >>> and the atlanta journal-constitution with more information about dozens of children and adults that were sickened by carbon monoxide poisoning at the local school there. at least 49 people were sent to the hospital yesterday. take a look at this. fire officials believe the heating system failed there. finch elementary had no carbon monoxide detectors, either. which, i guess, they're not...
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he wants fema to reimburse the state for 100% of its emergency costs following superstorm sandy. fema generally reimburses states in the ballpark of 75% of costs following disasters like this. the governor says cleaning up and repairing new jersey after the superstorm could cost nearly $40 billion. >>> an extramarital affair ended his stellar career of public service. but not so long ago there was some serious talk that general david petraeus might run for president. some of that talk apparently even came from the top at fox news. washington post bob woodward writes about some private recordings in which fox news analyst k.t. mcfarland meeting with general petraeus in afghanistan in the spring of last year delivered a personal message from roger ales. >> he says if you're offered chairman, take it. if you're offered anything else, don't take it, resign in six months and run for president. okay. i know you're not running for president. but at some point when you go to new york next, you may want to just chat with roger and rupert -- >> well, rupert, look, what i have told people i
he wants fema to reimburse the state for 100% of its emergency costs following superstorm sandy. fema generally reimburses states in the ballpark of 75% of costs following disasters like this. the governor says cleaning up and repairing new jersey after the superstorm could cost nearly $40 billion. >>> an extramarital affair ended his stellar career of public service. but not so long ago there was some serious talk that general david petraeus might run for president. some of that talk...
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one is superstorm sandy took a lot of cars off the road. it really reduced demand for gasoline as you know. until recently there have been a number of gas stations in the northeast still without gas. people after realizing they weren't going to have as easy a time getting gas decided to make other plans it the storm itself took some roads out and took some people off the road. number two, there were some refinery issues in california going on at the same time. they've been resolved. that's put more gasoline online. the third thing, this one's important, crude oil prices, which are really the underlying feedstock for gasoline, crude oil prices have remained low. as we are concerned about the fiscal cliff and a slowdown in the world's economy and in asia and in europe. so these are the three factors that have come together to give us a sustained drop in the price of gasoline almost over the last three weeks, wolf. >> is this a short-term development? what's in store over the longer term? >> we're into that lower driving season. obviously, spr
one is superstorm sandy took a lot of cars off the road. it really reduced demand for gasoline as you know. until recently there have been a number of gas stations in the northeast still without gas. people after realizing they weren't going to have as easy a time getting gas decided to make other plans it the storm itself took some roads out and took some people off the road. number two, there were some refinery issues in california going on at the same time. they've been resolved. that's put...
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governor cuomo said new york needs more than $40 billion to help clean up the damage caused by superstorm sandy and then potentially to prepare for future storms. >>> at least 49 elementary school students and adults had to be rushed to an atlanta hospital today because of a carbon monoxide leak. here is the thing. firefighters discovered the highest levels they have ever recorded of the deadly gas near the school's furnace. listen to the firefighter. >> obviously with carbon monoxide, the danger is going to be an affix ant, it could stop people from breathing. these children have been in the classroom since 7:30. our readings in the classroom were not quite as high as our reading at 1700 was near the actual furnace area. >> want to bring in george howell here. you brought in what i can only presume is a carbon monoxide detector. tell me about it and were there any of these in the school? >> this say professional carbon monoxide detector. this is what we use here at the cnn center. this will run you a couple thousand dollars. couple thousand of dollars for this. it is important to check. but fo
governor cuomo said new york needs more than $40 billion to help clean up the damage caused by superstorm sandy and then potentially to prepare for future storms. >>> at least 49 elementary school students and adults had to be rushed to an atlanta hospital today because of a carbon monoxide leak. here is the thing. firefighters discovered the highest levels they have ever recorded of the deadly gas near the school's furnace. listen to the firefighter. >> obviously with carbon...
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investments in infrastructure, which we desperately need after hurricane -- or we call it super storm sandy that hit new york, that hit new jersey, that hit connecticut, that hit delaware, that hit maryland. we now see that our infrastructure has to be what we call hardened, made stronger. we can do that if we invest in our people. so, madam president, the president has offered a very clear plan that takes us off the fiscal cliff that is fair. we have 27 days to do the right thing. the senate already passed the tax cuts for 98% of the people. all we're asking is for the house to do that, match us. then we can get back to the table and figure out a way to soften the blow of the automatic spending cuts. we could look at tax reform. and i want to just say this about tack reform. when our colleagues complain about tax rates and say well, we would rather close loopholes, watch out. in order to raise the kind of funds we need to raise to lower this deficit, you're looking at the two biggest --quote, unquote -- deductions. one is for your mortgage and one is for charitable, and i would ask rhetori
investments in infrastructure, which we desperately need after hurricane -- or we call it super storm sandy that hit new york, that hit new jersey, that hit connecticut, that hit delaware, that hit maryland. we now see that our infrastructure has to be what we call hardened, made stronger. we can do that if we invest in our people. so, madam president, the president has offered a very clear plan that takes us off the fiscal cliff that is fair. we have 27 days to do the right thing. the senate...
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the company is blaming superstorm sandy for its lackluster performance. republicans submitted their solution to the fiscal cliff yesterday. white house and other democrats dismissed it immediately. take a look at how that affected the market this morning. not at all. the dow is up 43. 13,000 is where we are. liz macdonald says we will see is a last minute deal, christmas eve, new year's eve, on the fiscal cliff. we shall see. next, a special early my take. i am fired up about the prospect of ambassador anna wintour. i couldn't wait for the normal time. i'm going to do it early. stay right there. and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. that's why ally has ia raise your rate cd.n. ally bank. your money needs an ally. stuart: california high taxes, strict green laws, a liberal supermajority in the statehouse, not exactly business friendly. that's why so many businesses are leaving. they are going to places like phoenix. so we're going to talk to the mayor of phoenix. greg s
the company is blaming superstorm sandy for its lackluster performance. republicans submitted their solution to the fiscal cliff yesterday. white house and other democrats dismissed it immediately. take a look at how that affected the market this morning. not at all. the dow is up 43. 13,000 is where we are. liz macdonald says we will see is a last minute deal, christmas eve, new year's eve, on the fiscal cliff. we shall see. next, a special early my take. i am fired up about the prospect of...
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not everyone was affected by hurricane sandy. staten island was hard hit and parts of queens hard hit and some parts of new jersey. >> gretchen: what is the most ups íáing part to you. what was your gut instinct? >> why are children tting it that shouldn't. parents can afford to give children their lunchh. >> this is what kristin gillebrand said. we just opened it up for all kids. you i can see that from a certain point of view . with all of the forms and who was displace what was not. you think there could have been a easier process. >> they know each child that was affected. this child gets a free lunchh and this doesn't. that's how they should do it. >> gretchen: they are saying that the storm will cost the american taxpayer $60 billion. is this a waste of the money. >> i think it should go to families who need it i am not getting anything. my homeowners and flood insurance is not giving me anything. they are just giving rental assistance. it should just go to families. >> gretchen: we are looking at pictures of devastation
not everyone was affected by hurricane sandy. staten island was hard hit and parts of queens hard hit and some parts of new jersey. >> gretchen: what is the most ups íáing part to you. what was your gut instinct? >> why are children tting it that shouldn't. parents can afford to give children their lunchh. >> this is what kristin gillebrand said. we just opened it up for all kids. you i can see that from a certain point of view . with all of the forms and who was displace...
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these toys are heading to new jersey to lift of the spirits of chdren affected by hurricane sandy. >> i like the military and everything. it was awesome meeting everybody and talking to everybody and also getting the presents. >> his father is a volunteer firefighter and helped perform rescue while his own home was taking on water. >> i would rather be giving and helping than receiving. it is nice to know that there is much love and appreciation for everybody. >> in addition to helping families, toys for tots is assisting the charities. at a time when they can't think of toys when they are focusing on basics of food and water. >> families want to have a holiday eep though they are in hotel rooms and couches of friends. this will help us. >> christmas cheer delivered on wippings of angels. this is fox news. >> i think that is the real santa there. >> i have seen the blue angels. they are fantastic. time for the awesomely bad christmas cards and photos. here is one from georgia. mom and dad having trouble getting their son marshall to sit still for a picture with
these toys are heading to new jersey to lift of the spirits of chdren affected by hurricane sandy. >> i like the military and everything. it was awesome meeting everybody and talking to everybody and also getting the presents. >> his father is a volunteer firefighter and helped perform rescue while his own home was taking on water. >> i would rather be giving and helping than receiving. it is nice to know that there is much love and appreciation for everybody. >> in...
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a big debate in coastal community after hurricane sandy. is building bigger sea walls an answer [ fishing rod casting line, marching band playing ] [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. ? gregg: right now, sandy's aftermath, a lot of folks who saw their homes and worldly potentials washed away -- possessions washed away demanding sea walls, built to protect them from future storms. the solution may not be all that simple. eric shawn is live in the seagate community in brooklyn, new york. eric? >> reporter: gregg, while there is debate over building billions of dollars potentially out in the ocean in new york bay for storm surge projects residents of community in seagate, brooklyn, say they have a simple, practical, solution to protecting the community. there is one. it is a seawall. 7 foot tall concrete an
a big debate in coastal community after hurricane sandy. is building bigger sea walls an answer [ fishing rod casting line, marching band playing ] [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. ? gregg: right now, sandy's aftermath, a lot of folks who saw their homes...
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his entire home was destroyed by sandy when the canal overflowed. and if that wasn't enough he was sent a notice by the city telling him to clean up the garbage in front of his house. >> i'm blessed to be in a business and position to coordinate an operation like this. >> reporter: doug and 50 volunteers got busy gutting and rebuilding the entire home. >> the facade of the home is new. new plumbing, new electric. >> did you see the kitchen? >> reporter: he came home to a brand-new living room, bedroom and bathroom all donated by neighbors. >> he didn't know me from adam. i didn't know him from adam and look. see what he did? he's wonderful. >> he says he's just grateful to have been a part of the reconstruction. >> it's great. i wish i could do it for everybody. martha: that's so nice. fox new york brought us that story. thank you for that reporting it many a lovely story. nice man, great contractor, thank you for doing what you can. bill: to see the camera, that moment when he's told his life will be okay again. when you think of how many hundreds
his entire home was destroyed by sandy when the canal overflowed. and if that wasn't enough he was sent a notice by the city telling him to clean up the garbage in front of his house. >> i'm blessed to be in a business and position to coordinate an operation like this. >> reporter: doug and 50 volunteers got busy gutting and rebuilding the entire home. >> the facade of the home is new. new plumbing, new electric. >> did you see the kitchen? >> reporter: he came...
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he was not moving after sandy destroyed his home. he was left with next to nothing . a few good numbers and 50 vol tierce heard about his story because the town was coming down on him because the remnants of the house was on the flant line. they built up the home from bottom up and look at the group and look at the inside of the house. here to share their heart felt story is the owner himself and the contractor. >> thank you. >> brian: sorry that the storm destroyed your house. i was stunned to find out the town was mad because of the garbage outside. >> yeah, it was outside . the mor said that they are going to pick it up . he gave us a piece of paper that said we picked up the garbage. if you put more out, you have to pay for it yourself. which i thought was pretty screwy. he should have waited until they got most put out. you can't just put everything. as you went on. you seen you couldn't use it you put it out. >> brian: on top of that your wife had a heart attack. >> she had the heart attack before the storm and in the hospital. you hear about this story and the
he was not moving after sandy destroyed his home. he was left with next to nothing . a few good numbers and 50 vol tierce heard about his story because the town was coming down on him because the remnants of the house was on the flant line. they built up the home from bottom up and look at the group and look at the inside of the house. here to share their heart felt story is the owner himself and the contractor. >> thank you. >> brian: sorry that the storm destroyed your house. i...
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the captain may have tried to ride out hurricane sandy instead of docking it because the owner was trying to sell it for $4.6 billion. the coast guard saved 14 crew members during a daring rescue. the captain and one crew member both left dead. >>> from secretary of state to new york city mayor a new report says new york city mayor michael bloomberg called hillary clinton and urged her to run for mayor in 2013. bloomberg said clinton would be a perfect choice to manage the big apple. she has no interest in running. clinton is retiring as secretary of state. that's your 5@5:00. >>> the ball is back in president obama keerts. house republicans unveiling a bold proposal to avoid a so-called fiscal cliff. the white house didn't waste any time attacking it. kelly wright is live in washington with more on this. good morning, kelly. >> good morning to you. the back and forth is continuing in a letter with president obama. american people expect leaders to find fair middle ground with the nation's most pressing challenges. with that they propose is a counter over for the fiscal cliff. the republi
the captain may have tried to ride out hurricane sandy instead of docking it because the owner was trying to sell it for $4.6 billion. the coast guard saved 14 crew members during a daring rescue. the captain and one crew member both left dead. >>> from secretary of state to new york city mayor a new report says new york city mayor michael bloomberg called hillary clinton and urged her to run for mayor in 2013. bloomberg said clinton would be a perfect choice to manage the big apple....
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president obama asking congress for $60 billion for recover efforts following superstorm sandy. hard hit states asked for more than $80 billion. the october storm devastated much of the northeast. federal aid would go to victims and rebuilding projects. it's unclear if congress already in negotiations over how to balance the budget, will approve funding before breaking for the year. >>> secretary of state hillary y clinton has agreed to testify before the senate foreign relations committee about the benghazi attacks. september 11th all the on the u.s. consulate in libya left ambassador chris stephens and three others dead. clinton will testify before the 130th congress sometime in january. she's also agreed to testify before the house foreign affairs committee. i'm li elizabeth pren in new yo. for all the headlines, log onto foxnews.com. >>> a warning that some of our nation's biggest companies may be hoodwinking you, the taxpayers. major companies like gm taking advantage of all kinds of incentives and tax breaks from local and state governments, but are the communities, meanin
president obama asking congress for $60 billion for recover efforts following superstorm sandy. hard hit states asked for more than $80 billion. the october storm devastated much of the northeast. federal aid would go to victims and rebuilding projects. it's unclear if congress already in negotiations over how to balance the budget, will approve funding before breaking for the year. >>> secretary of state hillary y clinton has agreed to testify before the senate foreign relations...
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she postpones her annual hole wean party because of super storm sandy and showed up park. then she went to lyndon hurst, which was devastated by sandy, then she was a huge hit. >> steve: you appear to be tracking her. >> brian: i have a little bit of a problem. i focus on klum. >> gretchen: he moved on from petra. >> steve: he'll never move on from her. >> gretchen: kids in five states will be spending more time in school now. colorado, connecticut, massachusetts, new york, and tennessee will add 300 hours of class time for some schools starting next year. this is going to be a three-year pilot program. the aim is to make kids more successful in class and make schools more competitive globally. it's paid for with a mix of federal, state and district funds. >> steve: meanwhile, one of america areas most notorious serial killers may have solved more cold cases. cops in illinois plan to use john wayne gacy's blood to possibly link his dna to other murders. they also want to use dna samples from other killers executed before dna analysis became standard practice and hope to sh
she postpones her annual hole wean party because of super storm sandy and showed up park. then she went to lyndon hurst, which was devastated by sandy, then she was a huge hit. >> steve: you appear to be tracking her. >> brian: i have a little bit of a problem. i focus on klum. >> gretchen: he moved on from petra. >> steve: he'll never move on from her. >> gretchen: kids in five states will be spending more time in school now. colorado, connecticut, massachusetts,...
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. >> hurricane sandy hit in a major population portion in the united states. we saw people driving a whole lot less. >> with plenty of gas going around, and not much demand, we the consumer have the upper hand. many are taking the opportunity to fill up and enjoy while it lasts. so, where can you find the cheapest gas? according to gusbuddy.com, the honor goes to missouri at nearly $3. but the good news for everyone around the country, experts predict we'll see these prices stay down at least until february. dan and bianna. >> good tips and good news finally. >>> we're 23 days and counting until the nation falls off the fiscal cliff. president obama and house speaker boehner are going on with negotiations. >> we had another week of massive trash-talking, are we closer or further away from getting a deal? >> they're not really talking right now. that's what's most incredible. there were speeches all week long. lot of ads on television. less than an hour of negotiations. one-hour phone call between to president obama and house speaker boehner. democrats say they
. >> hurricane sandy hit in a major population portion in the united states. we saw people driving a whole lot less. >> with plenty of gas going around, and not much demand, we the consumer have the upper hand. many are taking the opportunity to fill up and enjoy while it lasts. so, where can you find the cheapest gas? according to gusbuddy.com, the honor goes to missouri at nearly $3. but the good news for everyone around the country, experts predict we'll see these prices stay...
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. >>> -- coming up, superstorm sandy forcing the national weather service to rethink the way it warns the public about dangerous staorps. proposal would give the service the option of aoeufrb ewing watches and warnings for storms that threaten life and property between they are no longer and tropical storms. the service was criticized after it stopped issuing warns after winds fell below 74 miles an hour. critics say that caused in the storm's path to fail to realize now dangerous it still was. >>> dispute over the price of crab keeping boats in port in san francisco, half moon bay and bodega bay before thanksgiving fishermen were earning $3 a pound prices took a dive after the holiday. fish brokers are paying $1.80. last year fishermen were on strike for weeks until they reached an agreement. >>> 5:57. it is raiders day on abc 7 fans are already pumped up. >>> watery mess in san francisco causing problems for commuters right now. why the driver who hit this hydrant is in jail this morning. >>> he did having news in east bay deputies found a body alongside i-680. we are live at the sc
. >>> -- coming up, superstorm sandy forcing the national weather service to rethink the way it warns the public about dangerous staorps. proposal would give the service the option of aoeufrb ewing watches and warnings for storms that threaten life and property between they are no longer and tropical storms. the service was criticized after it stopped issuing warns after winds fell below 74 miles an hour. critics say that caused in the storm's path to fail to realize now dangerous it...
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president obama has requested $60 billion in federal aid for states that were devastated by superstorm sandy. it may not pass in congress until next year because of the fiscal cliff situation. >>> and some electronic device bans could be lifted. in a letter to the faa, the agency called for greater use of portable devices on planes. i thought they affected navigation systems. but maybe that's not true. >>> and finally, a fish tale with a picture to prove it. a fisherman caught what is believed to be the biggest yellow fin tuna ever. landed on rod and reel, that is. 459 pounds. he fought the fish for two hours. the previous record, dan harris was reminded me, was 427 pounds this year. >> i take this very seriously, ron. >> a walking encyclopedia. >> he likes his sushi. >>> time for the weather and ginger zee. >> good morning, everybody. i want to start in the pacific northwest, where they've been waiting for snow at the ski resorts. and snowboarders happy, too. snoqualmie pass, they got it. they got well over six inches in a lot of spot. that same storm that drops that snow is moving through
president obama has requested $60 billion in federal aid for states that were devastated by superstorm sandy. it may not pass in congress until next year because of the fiscal cliff situation. >>> and some electronic device bans could be lifted. in a letter to the faa, the agency called for greater use of portable devices on planes. i thought they affected navigation systems. but maybe that's not true. >>> and finally, a fish tale with a picture to prove it. a fisherman caught...
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hurricane sandy did disrupt hiring. but not as badly as expected. >>> and a major blow to union rights in michigan. republican lawmakers there have pushed through right-to-work bills. hundreds of activists stormed the capitol, protesting the legislation, which would ban unions from requiring employees to pay fees. >>> and a frightening scene for holiday shoppers this morning. an escalator at a macy's in suburban seattle malfunctioned. breaking apart and leaving four people slightly injured, including two toddlers. officials there say a mechanical failure is to blame. >>> and finally, perhaps, if nothing else, evidence that someone up there must be watching. look at what happens when a tennessee jewelry store clerk tries to make a sale. out of nowhere, that's an suv, through the front glass. nearly taking out both clerk and customer. both were shaken up. but remarkably, best news of all, no one was hurt. >> no one was hurt. we love that line. >> incredible. >> we do. >> just amazing. >> thanks, josh. >>> we have the late
hurricane sandy did disrupt hiring. but not as badly as expected. >>> and a major blow to union rights in michigan. republican lawmakers there have pushed through right-to-work bills. hundreds of activists stormed the capitol, protesting the legislation, which would ban unions from requiring employees to pay fees. >>> and a frightening scene for holiday shoppers this morning. an escalator at a macy's in suburban seattle malfunctioned. breaking apart and leaving four people...